Exam 6: Strategies in Action

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The Libyan Investment Authority's involvement in industries such as oil,travel,banking,and telecommunication is a good example of related diversification.

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An appropriate strategy when an organization has excess production capacity is market development.

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Selling all of a company's assets in parts for their tangible worth is called

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Outline the five types of bankruptcy: Chapters 7,9,11,12 and 13.

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In the Arab world,the non- profit sector is not as common and active as it is in Western countries.

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Define and give an example of three integrative strategies.

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Nakheel,the property unit of Dubai World,engaged in several rounds of job cuts in 2008 and 2010.This is an example of

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Joint ventures tend to fail when the managers who are required to collaborate daily in operating the venture are not involved in forming or shaping the venture.

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For consumers who are price sensitive,cost leadership emphasizes producing standardized products at very low per- unit cost.

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Research shows strategic management in small firms is more formal than in large firms,but large firms that engage in strategic management outperform those that do not.

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Adding new,unrelated products or services for present customers is called

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